iShares Micro-Cap ETF (NYSEARCA:IWC) Sees Unusually-High Trading Volume – Here’s Why

iShares Micro-Cap ETF (NYSEARCA:IWC) saw unusually-strong trading volume on Friday . Approximately 115,160 shares traded hands during trading, an increase of 249% from the previous session’s volume of 33,002 shares.The stock last traded at $132.21 and had previously closed at $132.05.

iShares Micro-Cap ETF Stock Down 0.3 %

The business’s 50-day moving average is $131.33 and its two-hundred day moving average is $127.23. The stock has a market capitalization of $967.41 million, a PE ratio of 10.47 and a beta of 1.21.

Hedge Funds Weigh In On iShares Micro-Cap ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Parkworth Wealth Management Inc. acquired a new stake in shares of iShares Micro-Cap ETF in the 4th quarter worth $25,000. Bessemer Group Inc. purchased a new position in iShares Micro-Cap ETF during the fourth quarter worth about $32,000. Bristlecone Advisors LLC purchased a new position in iShares Micro-Cap ETF during the third quarter worth about $46,000. Aptus Capital Advisors LLC lifted its position in iShares Micro-Cap ETF by 139.5% in the third quarter. Aptus Capital Advisors LLC now owns 412 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 240 shares during the period. Finally, Synergy Investment Management LLC purchased a new stake in iShares Micro-Cap ETF in the 4th quarter valued at approximately $51,000.

About iShares Micro-Cap ETF

iShares Micro-Cap ETF, formerly iShares Russell Microcap Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Microcap Index (the Index). The Index measures the microcap sector of the United States equity market.